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Dec 19, 2012
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of the union. you haven't heard about it yet but you will hear about it in the show. first up, in the wake of last friday's mass murder in newtown, connectic connecticut. the white house announced that president obama will support a federal assault weapons ban. and the nra has broken it's silence. >> good evening. the national rival association is breaking it's sigh length le mass murders in connecticut. saying it is prepared to offer meaningful contributions to make sure it never happens again. other major developments today, private equity giant capital management is selling it's stake in the freedom group after one of those guns was used in the school shootings. and the fallout from the violence in connecticut impacting the fiscal cliff negotiations here in washington. house speaker, john boehner, talking about a different kind of stress. >> i would agree to that, this is a difficult time for americans that is why we continue to have conversations with the white house. i continue to have home th
of the union. you haven't heard about it yet but you will hear about it in the show. first up, in the wake of last friday's mass murder in newtown, connectic connecticut. the white house announced that president obama will support a federal assault weapons ban. and the nra has broken it's silence. >> good evening. the national rival association is breaking it's sigh length le mass murders in connecticut. saying it is prepared to offer meaningful contributions to make sure it never happens...
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Dec 27, 2012
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you were talking about unions versus business or versus capital. this is unions versus workers. this is workers that disagree with their unions so fundamentally that they want to go through a very burdensome opt-out process and not pay for the union's politics. they really only get to save 10% to 20% of the dues money but they go through this process because they don't want to fund politics. they disagree with. the nlrb made it that much harder with their decision earlier this month. >> what was in the decision, sbhg that they don't necessarily -- unions don't necessarily have to provide auditing that proves how much they spent on what and provide it to the workers? is my understanding correct on that. >> yeah. the nlrb is -- infinite wisdom has now said that unions still has to give the workers an audit but they don't have to prove the accuracy of the audit. what the workers were saying in the -- nurses nlrb case, we want a letter from an independent auditor saying that these calculations of how much the union spends on politics versus collective bargain ring accurate. the nlrb
you were talking about unions versus business or versus capital. this is unions versus workers. this is workers that disagree with their unions so fundamentally that they want to go through a very burdensome opt-out process and not pay for the union's politics. they really only get to save 10% to 20% of the dues money but they go through this process because they don't want to fund politics. they disagree with. the nlrb made it that much harder with their decision earlier this month. >>...
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Dec 7, 2012
12/12
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the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a plant in the u.s. that's a robotic plant so american workers aren't really going to be hired. >> last year in foxconn, they had 10,000 robots. if you have robots, china's cost manufacturing advantage is really nil except for chinese consumers. >> as long as we keep drilling for natural gas and we have the shale revolution, that's going to make us more competitive. i'm not making a case for china. i'm just a little interested in the apple case. that's what i'm saying. i'm a little interest
the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots...
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Dec 18, 2012
12/12
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, previously been covered by the machinist union. but they added jobs there. and this was considered to be retaliation rather than good business sense to have two locations making the dreamliner. >> i had two quick questions on this. i'm so interested in this board and their judges. apparently one of the deputy consuls or something e-mails one of the members or somebody and said that she was worried that they might have made the machinist union angry or mad. that's absolutely incredible. that's in the reporting here, which i guess proves your point. but that's just total bias. >> obviously, if you're so concerned that you don't even want the union leadership to be "angry" at you, that shows you're trying to play favorites for the union. remember, this was a suit that as soon as the union settled a new contract with boeing, they made this go away when, in fact, if it was wrong conduct -- misconduct on behalf of boeing, it should have continued. but in fact, this was used as a technique to get the machinist union a new contract that th
, previously been covered by the machinist union. but they added jobs there. and this was considered to be retaliation rather than good business sense to have two locations making the dreamliner. >> i had two quick questions on this. i'm so interested in this board and their judges. apparently one of the deputy consuls or something e-mails one of the members or somebody and said that she was worried that they might have made the machinist union angry or mad. that's absolutely incredible....
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Dec 20, 2012
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the union's got a pretty sweet deal, no? >> it definitely get another deal and they are very upset about it because they thought that was the letter of the law. and you can't go back and relitigate things and the people at general motors will say, listen, what's done is done. we didn't come in there and say the senior bond holders, they don't get as nice of a deal as somebody else. there are people, though, who are still upset about it. no doubt. >> phil has mentioned -- it's not like gm is out of the wood. do you expect this to be a vibrant, very successful company with great frocked? >> i think the u.s. market is starting to look more like europe in terms of how market share is -- before they were big pieces and now everybody is more equally divided. >> maybe it's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into
the union's got a pretty sweet deal, no? >> it definitely get another deal and they are very upset about it because they thought that was the letter of the law. and you can't go back and relitigate things and the people at general motors will say, listen, what's done is done. we didn't come in there and say the senior bond holders, they don't get as nice of a deal as somebody else. there are people, though, who are still upset about it. no doubt. >> phil has mentioned -- it's not...
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Dec 8, 2012
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. >> those unions don't want it. we saw the clip when this story first came up that gal on the city council said detroit delivered for barack obama in the election, he should now bring home the bacon for detroit. the unions don't want it. the media don't want it. i'm not sure if dave bing who was a great basketball player, maybe not such a hot mayor. this thing has to go under a financial control board, doc. you know that. they're incapable of governing themselves in detroit. >> the problem is, in michigan we just had a referendum on a pretty strong emergency manager law we had in place. we go back to the old one now. and it's weaker. and the one thing that it won't be able to do is renegotiate those government worker contracts. which is what we need. >> then maybe governor snyder's got to be tougher. maybe he's got to come in with executive powers, doc. i don't know the state constitution. just saying it's very clear first of all detroit may be the largest bankruptcy in the country that. may be right on its way. sec
. >> those unions don't want it. we saw the clip when this story first came up that gal on the city council said detroit delivered for barack obama in the election, he should now bring home the bacon for detroit. the unions don't want it. the media don't want it. i'm not sure if dave bing who was a great basketball player, maybe not such a hot mayor. this thing has to go under a financial control board, doc. you know that. they're incapable of governing themselves in detroit. >> the...
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Dec 29, 2012
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the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> michelle, thanks for having me tonight. >> how dramatic, how bad would it have been if come next year, in other words, in just a few days we had a strike on all of the ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number on
the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> michelle, thanks for having me tonight. >> how dramatic, how bad would...
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Dec 28, 2012
12/12
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it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight. >> you heard piers morgan talk about it with larry last week. after school shooting massacre in scotland in 1996 great britain banned virtually all handguns, seized
it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible...